308 348
Parent Company Financial Report |
EXPLANATORY NOTES
2014 Annual Report
Prysmian Group
308
(1) "Drawdowns/New funds" pertaining to the convertible bond are stated net of the equity component of Euro 39,632 thousand and of Euro 3,341 thousand in
related expenses.
(2) Includes the accelerated amortisation of Euro 2,230 thousand in bank fees following the early repayments of the Credit Agreement 2010.
The following tables provide a breakdown of borrowings from banks and other lenders by maturity and currency at 31 December
2014 and 2013:
Credit Agreements
Non-
Convertible
Other
Total
convertible
bond
(1)
borrowings
bond
Balance at 31 December 2012
713,033
412,819
-
722 1,126,574
Drawdowns/new funds
-
-
257,027
11,587
268,614
Repayments
(232,084)
-
-
(92)
(232,176)
Amortisation of bank and financial fees and other expenses
(2)
4,410
1,062
461
-
5,933
Interest and other movements
(565)
-
7,100
(359)
6,176
Total movements
(228,239)
1,062
264,588
11,136 48,547
Balance at 31 December 2013
484,794
413,881
264,588
11,858 1,175,121
31 December 2014
Variable rate
Fixed rate
Euro
Euro
Total
Due within 1 year
40,036
416,184
456,220
Due between 1 and 2 years
415,393
-
415,393
Due between 2 and 3 years
17,070
271,537
288,607
Due between 3 and 4 years
17,075
-
17,075
Due between 4 and 5 years
17,102
-
17,102
Due after more than 5 years
33,921
-
33,921
Total
540,597
687,721
1,228,318
Average interest rate in period, as per contract
1.6%
4.9%
3.5%
31 December 2013
Variable rate
Fixed rate
Euro
Euro
Total
Due within 1 year
88,579
16,491
105,070
Due between 1 and 2 years
418
398,575
398,993
Due between 2 and 3 years
397,403
-
397,403
Due between 3 and 4 years
436
-
436
Due between 4 and 5 years
447
263,401
263,848
Due after more than 5 years
9,371
-
9,371
Total
496,654
678,467
1,175,121
Average interest rate in period, as per contract
1.6%
4.9%
3.5%
(in thousands of Euro)
(in thousands of Euro)
(in thousands of Euro)